$5,700,000
Updated 3 years ago
Off Market

225 23rd Street

South Slope, Brooklyn | 4th Ave & 5th Ave

Multi-Family

$5,700,000
floors / apts4 / 8
Lot Size25'x100'
Built Size25'x60'
ZoneR6B
Building TypeTownhouse
RE Taxes$22,000

Building Amenities

  • Voice Intercom

Property Description for 225 23rd Street

Introducing a portfolio of 3 adjacent eight family 7500sqFt x 3 properties in the heart of south slope (4 floors + bsmt 25x60 built on 100 lot). All units are RS and all tenants are paying monthly. The properties are all in good condition and expenses (91,000) include management & maintenance fees. The monthly rent roll for all 3 properties combined is 36,000. The apartment sizes are all 2br flex railroad. two units per floor (25x60) The asking price is currently over 6% cap rate. Now is your chance to purchase a portfolio of well maintained buildings, perfect for a 1031 exchange.

225 23rd Street
227 23rd Street
229 23rd Street

Listing History for 225 23rd Street

Now
08/23/2015
POM by Deborah E. Henry
R New York
05/25/2015
TOM by Deborah E. Henry
R New York

Building Details for 225 23rd Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

25 St
0.17 miles
Prospect Av
0.34 miles

Citi Bike

24 St & 5 Ave
0.08 miles
21 St & 4 Ave
0.14 miles

Contact Agent

Contact Agent

Nathaniel Smith
FIND Real Estate
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 58019TH